Filed February 18, 2021
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Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $48,433 | $102,429-52.7% | $147,096-67.1% | $80,925-40.2% |
| Participation rate | 75.8% | 75.9%-0.1pp | 82.2%-6.4pp | 67.7%+8.1pp |
| Annual return | 8.30% | 135.02%-126.7pp | 419.75%-411.5pp | 35.65%-27.4pp |
| Employer contribution / active EE | $2,333 | $3,716-37.2% | $4,936-52.7% | $2,756-15.4% |
| Participant deferral / active EE | $3,564 | $6,649-46.4% | $8,071-55.8% | $4,299-17.1% |
| Admin fee / account holder | $38,912 | $7,957+389.0% | $13,005+199.2% | $6,940+460.7% |